KevinT

One last candle up on Monday before a retreat?

BATS:SPY   SPDR S&P 500
333 2 0
I see similarities with a previous period:

-Same candle formations
-Same RSI movement
-Same Stoch movements
-Same Fisher resistance

So one more up on Monday (as a copy of the ourple candle) and then a small retreat?
.....if the FISHER begins falling on weekly frame we may see a correction, most likely to last pivot low on daily frame short term .............and welcome to the FISHER(34) club :D
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KevinT nmike
Hey what can I say.I still have to study the underlying formula of Fisher and as a long term indicator, it still has to prove for me. But for short term scalping, it proved to be a powerfull indicator! Less bias then the other major indicators.
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